Telegram-herald., 1887-04-30
THE LOUISVILLE RIOT
Immense Crowds Determined
On Lynching the Negroes.
l NI1XGsT ASSAULT 8f TIE nos.
a 0aftiirg 08n IN Froat of the Jaii
Ready tor uss-Flss Companies
% Militia On G4ard-Taree
o. Gers Seriously ~osnas5.

So t45A. pm - II. - R41 \ 70
xssz.g rsy.es oi trade W. say Tbs later
STATE BIZ Is doaoi.s-s charged With mac1
interrnpf.ca Of b8ssasss ihsi does aos D.
long % it Ba, during TIE pssi week ssi-
dsless has multiplied III Is Ezrm.al sreci
by convincing proof hat Bostoas srpoEI
tsads would be destroyed. Il Customary
rebates and faV0Fing rates were refused.
TIE Commission was led - virtually
suspend the operation Of the second section
for the beneat OF The Boston roads Pacluc
railroads Obtained exemption. and reduced
their rates e4ceUt tie Iaioa Pacific which
was b. error omitted. Ia session, a.
Atlanta. TIE Commission vas Informed OF
maay projected enterprises. contracts for
Which had psen suspended until the question
Of rates c3Qlt % settled A contract Tor % VJJ
tons OF paying Al W0glb0rO, \. H. was re
f1sed. rates being advanced three uu1es as
nsuch ss the expected peodt. Vast guam
titles Of freight accumulate ~ many points
awaiting results Of appeals 10 The COmmls-
sion. Louisville merchants Oter COM
plants IS 10 injury ia some trades, New
Orleans expected improvement but realizes
none and nnis business upset, Cleveland
feels the injury in important branches
Hartford manufacturers had that The act
threatens 10 exclude them from
many markets Fittsburs and
Philadelphia attribute 10 the
act much dullness. and iron manufacturers
hold that they have already sustained
large aggregate loss. Thus, while reac'
ton after the exceptional activity Of March
was predicted, re1l and considerable dis
turbance certainly result from the new
Law, and especially from the uncertainty as
10 il. requirements.
General report. OF trade are nevertheless
favorable, and il IS cheering 10 note how
hopeful a spirit is everywhere ex-
pressed. Money is generally in good
supply, though in demand al Nashville
and tighter a. New Orleans. Collections
continue fair. with improvement az
Milwaukee and at Cincinnati. except in
trades affected by strikes in building and
manufacturing. They are very good AZ
Nashville except in the tobacco trade. and
less DELAYED tnan might be expected where
real estate speculstons RACES. At many
points the unreasonable weather en-
oarrasscs, out the outlook for the future is
considered bright.
The condition OF leading branches
OF business is apparently improving,
A brighter sky Is seen IN the
boot and shoe trade. with increasing orders.
Shipments from twelve Massachusetts towns
last week exceeded those Of the same week
last year. notwithstanding labor troubles
which are passing away q better demand
is seen for some kinds of leather and the
prices for the new clip OF wool at the West
are higher than was expected. though in
Eastern markets there is no change. Cotton
has slightly advanced by manipulation.
The crop prospects are more favor
able. Cotton goods are. at present,
in moderate request. and print cloths are \
shade lower, out the effect of exceptional
purchases in March has not yet passed.
Wheat rose during the week and reached
again as usual with sales OF 50,O0O.00)
bushels, the battle between Western farm
ers. who think higher rail rates should be
borne by consumers and the worlds
markets, which refuse to advance, does not
go in favor of farmers thus far. Coffee has
been feverish with sales of $4,000 bags, Rio
being rampant as usual before a reaction.
Copper is weakened by sale OF 100000
pounds of the Calumet and Hecla at
cent.
OF all the great industries. the iron man
ufacturer is most unsettled. not through
fear OF unloading of speculative stocks in
this country which are unusually light, but
because interstate changes may check rail-
road building. while the projected increase
in production ~ iron is heavy. Official
lists OF new iron furnances under control to
be operated this year are published az
rough estimate. The new works
would add 100000 tons yearly
to the product at the South on l65 per cent.
and 10000 tons at the North on l5 per
cent, while population increases about ?
per cent yeariy. Many kinds OF manu-
factured iron are weaker at Pittsburg and
the Nail Association reduces the cord rate
from $40 - 3 . per ke,.
No irnOortant financial changes are OBJ
served The treasury has taken in about
million more cases than IL has
paid out. aud foreign exchanges have adj
vanced 10 81 S7S the merchandise exports
having fallen Of Of late. for four weeks ex
ceeiing last year by only 81 per cent, at
New York while import. have increased %
per cent. Silver receipts rose 10 IS per cent
Labor troubles still threaten: the umpire
reports against the insrea,s in wages desired
by the Connellsville Coke Works and the
Schuylkill miners demand an increase.
Failures during the iast seven DAYS were:
In the United States lSl. Canad., y; total
III. as cornparsi with 100 last week